Nvidia Intel and OpenAI lead AI news

Key Takeaways

• Micron gained DRAM share to 24% in Q2 and holds 15% NAND flash market share, outpacing Sandisk
• Nvidia guided $108.0 billion in Q3 revenue excluding China data center compute sales
• ASML reported $37.5 billion revenue with 29.4% net margin in fiscal 2025
• Intel reported $52.9 billion revenue but a $267 million net loss during its foundry transition
• Cerebras reported $510 million FY 2025 revenue with 76% growth, far outpacing Rigetti
• Ema raised $77 million in Series B funding, bringing total raised to $140 million
• OpenAI reportedly acquired Glass Imaging for over $300 million for AI camera technology
• Zoho launched Zia Chat and seven new vertical SaaS products targeting multiple industries
• NVIDIA released the Cluster Readiness Engine, an open source tool for testing GPU clusters
• Maryland advances AI regulation plan focusing on worker protections and children's safety

Micron gains edge over Sandisk in AI memory market

Micron Technology and Sandisk have both seen big gains due to AI data center demand. Micron sells both DRAM and NAND flash memory while Sandisk only makes NAND flash. Micron has a bigger market share and analysts expect stronger long term growth. DRAM prices are expected to rise fourfold in 2026 with new supply not arriving until 2029 or 2030.

Nvidia forecast excludes China chip sales despite summit talks

Nvidia guided for $108.0 billion in fiscal third quarter revenue without assuming any China data center compute revenue. The company is effectively locked out of China's AI chip market due to export rules. A September 24 U.S.-China summit could potentially change chip restrictions. Nvidia has received licenses to ship small amounts of H200 chips to select Chinese customers like ByteDance and Tencent.

Micron vs Sandisk comparison for AI memory investors

Micron Technology has a 12 month median price target of $1,600 suggesting 53% upside from 57 analysts. Sandisk has a median target of $2,200 implying 24% growth from 32 analysts. Micron holds 15% NAND flash market share versus Sandisk's 11%. Micron also gained DRAM share to 24% in Q2 from 22% in Q1, positioning it well for strong earnings growth.

ASML vs Intel comparison for AI chip investors in 2026

ASML Holding holds a near monopoly on extreme ultraviolet lithography machines for advanced chips. Intel is pivoting to a foundry model after receiving $8.9 billion in U.S. government funding for a 10% stake. ASML reported fiscal 2025 revenue of nearly $37.5 billion with a 29.4% net margin. Intel reported revenue of $52.9 billion but a net loss of $267.0 million during its business transition.

Cerebras vs Rigetti battle for AI and quantum stocks

Cerebras Systems focuses on massive AI chips while Rigetti Computing builds superconducting quantum computers. Cerebras reported FY 2025 revenue of about $510 million with 76% growth and net income near $238 million. Rigetti reported revenue of roughly $7.1 million, down 34%, with a net loss of $216 million. Rigetti partners with Amazon and Microsoft while Cerebras partners with OpenAI and Amazon AWS.

Ema raises $77M as AI competes with enterprise software

Ema raised $77 million in a Series B round led by Creaegis. Existing investors Accel, Section 32, and Prosus also increased their stakes. The funding brings Ema's total raised to $140 million. The company now has over 50 enterprise deals and more than 1 million active users. Its customers include Google, Microsoft, and PwC.

Ema Secures $77 Million to Scale AI Agents Across Enterprises

Ema secured $77 million to expand its AI agent platform across businesses. The agents work within existing enterprise applications to handle tasks like IT service tickets and customer calls. Ema's agents now manage over 1 million IT tickets and 1 million calls across 15 languages each year. The company plans to use the funding to grow its sales and marketing teams. Ema's Series B was led by Creaegis.

Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products

Zoho launched Zia Chat, a unified AI interface for businesses. The tool gives users one place to find information, generate leads, and analyze data. Zoho also released seven new industry-specific apps including Zoho RetailIQ, AutoDMS, and MedScribe. These products target retail, automotive, healthcare, education, and real estate. Zoho's India revenue grew 47 percent year-on-year in 2025.

AKA's EOS Sales Knowledge Engine Completes Pilot with Consumer Electronics Giant

AKA announced that its EOS Sales Knowledge Engine finished a pilot with one of the world's largest consumer electronics companies. EOS is a cloud-based AI platform that helps sales teams access accurate product knowledge. The pilot lasted several months and showed improved accuracy and consistency. AKA's CEO called EOS a game-changer for sales knowledge. The company plans to keep refining the platform.

OpenAI Reportedly Buys Glass Imaging for AI Camera Technology

OpenAI reportedly acquired Glass Imaging for over $300 million. Glass Imaging specializes in AI image processing and was founded by ex-Apple engineers. Its technology called GlassAI uses AI to enhance image and video quality. This marks OpenAI's first known move into hardware devices. The acquisition aims to strengthen OpenAI's capabilities in AI image processing.

Maryland advances AI regulation plan to protect workers and children

Maryland is moving forward with its own AI regulation plan while Congress remains divided. Gov. Wes Moore's framework focuses on human oversight, worker protections, and safeguards for children. The state plans to draft legislation targeting AI model companies, discriminatory algorithms in housing, and unsafe chatbots. Key sites like the National Institutes of Health and Fort Meade will also receive priority security. Moore's administration is working with labor unions to ensure AI helps workers rather than replacing them.

Michael Burry questions SpaceX trillion dollar value amid AI contracts

Hedge fund manager Michael Burry stated that SpaceX is not worth one trillion dollars. He expressed skepticism due to the company's lack of profitability and high valuation. However, SpaceX has secured large AI computing contracts worth hundreds of millions of dollars. These contracts for satellite imaging and navigation could prove Burry wrong about the company's future value. The AI business may become a game changer for SpaceX's long term prospects.

NVIDIA launches open source tool to test GPU cluster readiness

NVIDIA introduced the Cluster Readiness Engine, an open source Kubernetes controller. NVCRE helps operators test GPU clusters before running large AI workloads. Even healthy clusters can fail during a 512-GPU training job due to one slow GPU or bad network link. The tool runs distributed workloads and identifies exactly which nodes fail each test. This saves teams from spending days manually searching for problems while capacity sits idle.

Virtus AI Fund increases monthly distribution by 17 percent

Virtus Artificial Intelligence & Technology Opportunities Fund announced a monthly distribution increase from 0.18 to 0.21 per share. The 17 percent increase is effective with the October distribution payable on October 31, 2026. The Fund's net asset value grew 25 percent over the past year. Management attributed the increase to strong performance and the Board's commitment to shareholder value. The distribution increase reflects the Fund's ability to generate strong returns.

VACS framework improves safety in multi-agent AI reasoning

Researchers introduced VACS, a four-layer framework for safe multi-agent AI reasoning. The system addresses conflicting values among agents, such as rigor, conciseness, and safety. VACS infers each agent's values, creates compositional safety shields, and resolves disagreements with explanations. In evaluations on NEJM-AI QA, MathInstruct, and cybersecurity benchmarks, VACS achieved accuracy rates of 85.4 percent, 95.0 percent, and 90.0 percent. The framework also reduced logical inconsistency rates to near zero.

Sources

• Micron vs. Sandisk: Which AI Memory Stock Has More Room to Run?
• Nvidia's Forecast Assumes No Data Center Chip Sales to China. The Sept. 24 U.S.-China Summit Could Change That.
• Micron vs. Sandisk: Which AI Memory Stock Has More Room to Run?
• ASML vs. Intel: Which AI Chip Stock Is a Better Buy in 2026?
• Cerebras Systems vs. Rigetti Computing: Is an AI or Quantum Computing Stock the Better Buy in 2026?
• Ema raises $77M as AI starts eating into enterprise software and services
• Ema Secures $77 Million to Scale AI Agents Across Enterprises
• Zoho Launches Unified AI Interface Zia Chat And Seven New Vertical SaaS Products
• AKA's 'EOS' Sales Knowledge Engine Completes Pilot with One of the World's Largest Consumer Electronics Companies
• OpenAI Reportedly Buys Glass Imaging for the Camera in Its First Hardware Device – AI Image Processing From an Ex-Apple Team
• Maryland moves forward with AI regulation plan focused on worker and child protections
• Michael Burry Says SpaceX Isn't Worth $1 Trillion. Its AI Business Could Prove Him Wrong.
• Validate GPU Cluster Readiness Before AI Workloads Land
• Virtus Artificial Intelligence & Technology Opportunities Fund Announces Increase to Monthly Distributions and Discloses Sources of Distribution
• VACS: Value-Aligned Compositional Shielding for Multi-Agent Reasoning